CS Venkatakrishnan, chief executive officer of Barclays

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Barclays’ 44% deal fee jump helps push investment bank to £3bn

Investment Banking Editor

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Barclays’ investment bank revenue increased 10% during the second quarter, as strong dealmaking performance helped offset a decline in lending fees.

The UK lender’s dealmakers brought in fees of £679m in the second quarter, which was up by 44%. Big jumps in revenue from equity and debt underwriting, which increased by 75% and 54% respectively, helped the rise. 

The UK lender’s investment bank revenue was ahead of market expectations

Paul Clarke

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